Tunisia

After stagnating at 1% in 2015 and 2016, economic growth increase to an estimated 2.2% in 2017, due to the good performance in the third quarter of 2017 (1.9% year on year). GDP is projected to grow 2.8% in 2018 and 3.5% in 2019, subject to an acceleration of structural reforms, a strong upswing in the industrial sector to meet external demand, and the easing of the cyclical nature of agricultural growth. Achieving these rates depends on the country’s ability to consolidate and sustain the growth of the real economy that began in 2017, particularly in the manufacturing and non-manufacturing industries of phosphate, oil, and gas, as well as market services.